Bachem Holding AG (XSWX:BANB) Inventory Turnover : 0.48 (As of Jun. 2024)

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What is Bachem Holding AG Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Bachem Holding AG's Cost of Goods Sold for the six months ended in Jun. 2024 was CHF179.4 Mil. Bachem Holding AG's Average Total Inventories for the quarter that ended in Jun. 2024 was CHF372.5 Mil. Bachem Holding AG's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bachem Holding AG's Days Inventory for the six months ended in Jun. 2024 was 378.97.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Bachem Holding AG's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.55.

Bachem Holding AG Inventory Turnover Historical Data

The historical data trend for Bachem Holding AG's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bachem Holding AG Inventory Turnover Chart

Bachem Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.07

1.18

1.30

1.24

1.23

Bachem Holding AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.56	0.64	0.56	0.64	0.48

Bachem Holding AG Inventory Turnover Calculation

Bachem Holding AG's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	400.353	/ (	(308.046	+	340.988)	/	2 )
=	400.353	/	324.517
=	1.23

Bachem Holding AG's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	179.387	/ (	(340.988	+	404.021)	/	2 )
=	179.387	/	372.5045
=	0.48

Bachem Holding AG (XSWX:BANB) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Bachem Holding AG's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	372.5045	/	179.387	*	365 / 2
	=	378.97

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Bachem Holding AG's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	372.5045	/	240.312
	=	1.55

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Bachem Holding AG Inventory Turnover Related Terms

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Bachem Holding AG Business Description

Industry

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Traded in Other Exchanges

BCHMY:USA BANBz:UK 0QND:UK BHM:Germany

Address

Hauptstrasse 144, Bubendorf, CHE, 4416

Website

https://www.bachem.com

Bachem Holding AG is a biochemical company that provides services to the pharmaceutical and biotechnology industry. It focuses on specializing in the development and manufacture of peptides and oligonucleotides. The group markets its products under the Bachem and Clinalfa brands. It has two geographic segments Europe/Asia and North America. Its products and services are CMC Development, Commercial API, Research and Specialities, and Services and Capabilities.

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